Una and the Lion returns

In 2019, The Royal Mint launched The Great Engravers, a new collection honouring prominent artists from the mint’s past. The first in the series is ‘Una and the Lion’, a coin of stunning artistry and beautifully intricate detail celebrating its engraver William Wyon, RA (1795-1851). For this edition, the coin was reverse engineered using dies remastered from the original and brought back to life using modern minting techniques. Struck in gold and silver and finished to the finest Proof standard,…

In 2019, The Royal Mint launched The Great Engravers, a new collection honouring prominent artists from the mint’s past. The first in the series is ‘Una and the Lion’, a coin of stunning artistry and beautifully intricate detail celebrating its engraver William Wyon, RA (1795-1851). For this edition, the coin was reverse engineered using dies remastered from the original and brought back to life using modern minting techniques. Struck in gold and silver and finished to the finest Proof standard,…

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Commonwealth sovereigns: a brief summary

Colonial mints of the 19th centuryOne of history’s greatest gold rushes began in Bathurst, New South Wales, in 1851, soon followed by larger finds in Ballarat and Bendigo in the new colony of Victoria. Hundreds of thousands of prospectors from across Australia and around the world flocked to the goldfields to seek their fortunes, resulting in large amounts of unrefined gold entering circulation. In response to the growing threat to the Australian colonies’ official currency, the New South Wales government sought…

Colonial mints of the 19th centuryOne of history’s greatest gold rushes began in Bathurst, New South Wales, in 1851, soon followed by larger finds in Ballarat and Bendigo in the new colony of Victoria. Hundreds of thousands of prospectors from across Australia and around the world flocked to the goldfields to seek their fortunes, resulting in large amounts of unrefined gold entering circulation. In response to the growing threat to the Australian colonies’ official currency, the New South Wales government sought…

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The modern sovereign

The British gold sovereign holds a unique place among gold coins due to its long history and extensive usage globally. Not only has it become the most collected coin, it holds the record for the highest price paid for a British coin. It is also a world-class investment due to its status as legal tender in UK and as such exempt of Value-Added Tax (VAT) and Capital Gains Tax (CGT). It is the only coin that has been minted in an…

The British gold sovereign holds a unique place among gold coins due to its long history and extensive usage globally. Not only has it become the most collected coin, it holds the record for the highest price paid for a British coin. It is also a world-class investment due to its status as legal tender in UK and as such exempt of Value-Added Tax (VAT) and Capital Gains Tax (CGT). It is the only coin that has been minted in an…

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The Queen’s Beasts Collection: A series of 10 coins from the Royal Mint

In the first of a two-part series, we look at the six original ‘King’s Beasts’ of the ten heraldic statues representing the genealogy of Queen Elizabeth II. In part two, we focus on the remaining four, which were added for the Queen’s coronation in 1953. In 2016 the Royal Mint issued its first coin in the 10-coin ‘Queen’s Beasts’ series. The heraldic beasts on the coins illustrate Elizabeth II’s ancestry, the original six of which are based on Henry VIII’s ‘King’s…

In the first of a two-part series, we look at the six original ‘King’s Beasts’ of the ten heraldic statues representing the genealogy of Queen Elizabeth II. In part two, we focus on the remaining four, which were added for the Queen’s coronation in 1953. In 2016 the Royal Mint issued its first coin in the 10-coin ‘Queen’s Beasts’ series. The heraldic beasts on the coins illustrate Elizabeth II’s ancestry, the original six of which are based on Henry VIII’s ‘King’s…

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A brief history of the gold standard

What was the gold standard?The gold standard was a monetary system that pegged currencies to the value of gold. Why was the gold standard adopted?Short answer: the gold standard was adopted in Great Britain in 1817 (other countries followed later), as a response to a quickly growing economy with the need for stable currency. Long answer: leading up to the early 19th century, Great Britain had been on a bimetallic monetary system. Gold and silver coins circulated in the economy…

What was the gold standard?The gold standard was a monetary system that pegged currencies to the value of gold. Why was the gold standard adopted?Short answer: the gold standard was adopted in Great Britain in 1817 (other countries followed later), as a response to a quickly growing economy with the need for stable currency. Long answer: leading up to the early 19th century, Great Britain had been on a bimetallic monetary system. Gold and silver coins circulated in the economy…

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Consigning with The Coin Cabinet

What does it mean to consign through our auctions? Consignment is agreeing to let The Coin Cabinet sell coins on your behalf. We advise on the best placement for your property in an upcoming auction, and once it has been sold remit the proceeds to you. The Coin Cabinet is here to help you achieve the best result for your property, images throughout this article are some of our best performing lots from recent auctions. Two sales are held by The…

What does it mean to consign through our auctions? Consignment is agreeing to let The Coin Cabinet sell coins on your behalf. We advise on the best placement for your property in an upcoming auction, and once it has been sold remit the proceeds to you. The Coin Cabinet is here to help you achieve the best result for your property, images throughout this article are some of our best performing lots from recent auctions. Two sales are held by The…

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The History of the British Gold Sovereign

The British gold sovereign holds a unique place among gold coins due to its long history and extensive usage globally. Not only has it become the most collected coin, it holds the record for the highest price paid for a British coin. The modern sovereign is a world-class investment due to its status as legal tender in UK and as such exempt of Value-Added Tax (VAT) and Capital Gains Tax (CGT). However, the history of the sovereign predates the Coinage Act…

The British gold sovereign holds a unique place among gold coins due to its long history and extensive usage globally. Not only has it become the most collected coin, it holds the record for the highest price paid for a British coin. The modern sovereign is a world-class investment due to its status as legal tender in UK and as such exempt of Value-Added Tax (VAT) and Capital Gains Tax (CGT). However, the history of the sovereign predates the Coinage Act…

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007 James Bond Collection issued by the Royal Mint

In March 2020, the Royal Mint announced the 007 James Bond Collection ahead of its latest movie release. The Collection features The Special Issue, where it showcases a £7,000 denominated 7kg gold proof coin, the largest ever coin in denomination and size issued by the Royal Mint. It was produced using a combination of traditional minting methods and state-of-the-art CNC machine engraving, and hand polished by their craftsmen to the highest quality finish. Royal Mint designer Laura Clancy has placed…

In March 2020, the Royal Mint announced the 007 James Bond Collection ahead of its latest movie release. The Collection features The Special Issue, where it showcases a £7,000 denominated 7kg gold proof coin, the largest ever coin in denomination and size issued by the Royal Mint. It was produced using a combination of traditional minting methods and state-of-the-art CNC machine engraving, and hand polished by their craftsmen to the highest quality finish. Royal Mint designer Laura Clancy has placed…

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Gold activity and central banks

Central banks have been particularly hard hit by the low and negative interest rates on sovereign bonds, with institutions like the European Central Bank in its sixth year of negative interest rates (Germany, Japan and the UK have negative or low rates, and global negative yielding debt is now around 16.5 trillion USD). Bonds make up a large proportion of reserve assets for many central banks — as a result they remain net purchasers of gold year-to-date, around 220.6 tonnes, in an addition…

Central banks have been particularly hard hit by the low and negative interest rates on sovereign bonds, with institutions like the European Central Bank in its sixth year of negative interest rates (Germany, Japan and the UK have negative or low rates, and global negative yielding debt is now around 16.5 trillion USD). Bonds make up a large proportion of reserve assets for many central banks — as a result they remain net purchasers of gold year-to-date, around 220.6 tonnes, in an addition…

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The US election result and the gold price

After a tense few days of vote counting, the drama of the US election has come has reached some sort of conclusion, with Joe Biden president-elect and Donald Trump thus far failing to concede. For us, the question is how the result will impact the gold price, and more broadly, how it will be affected by the Democratic president after his inauguration on 20 Jan 2021. The simple answer is that regardless of who had won the presidency, we would argue…

After a tense few days of vote counting, the drama of the US election has come has reached some sort of conclusion, with Joe Biden president-elect and Donald Trump thus far failing to concede. For us, the question is how the result will impact the gold price, and more broadly, how it will be affected by the Democratic president after his inauguration on 20 Jan 2021. The simple answer is that regardless of who had won the presidency, we would argue…

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